Region: Australia

ACCC suffers another loss in NSW Ports case

Australia’s antitrust authority has failed to overturn a ruling that said several agreements between a port operator and the New South Wales government did not harm competition.

23 February 2023

ACCC launches cartel proceedings against tech company

Australia’s antitrust authority has accused Swift Networks of conspiring with a rival to rig bids and fix prices for the supply of technology equipment and infrastructure to several mining sites.

17 February 2023

EU approves Sika/MBCC divestment package

The European Commission has approved construction chemical supplier Sika’s €5.1 billion acquisition of rival MBCC, subject to a global remedy that requires the latter to sell its chemical admixture business to a single purchaser across multiple jurisdictions.

09 February 2023

Claimant suing Meta and Google offers undertakings to resolve conflict of interest

A class representative suing Meta and Google in Australia for allegedly conspiring to ban all crypto-related advertising has offered commitments to resolve a perceived conflict of interest stemming from his dual roles as class representative and head of the litigation funder.

03 February 2023

Travel agent group urges ACCC to put guardrails on airline alliances

Australia’s main association for travel agents has warned that extensions to alliances between flag carrier Qantas Airways and international rivals Emirates and China Eastern Airlines will do nothing to quell the rising cost of airfares.

03 February 2023

Crypto class action doomed by fatal conflict of interest, Meta argues

Counsel to Facebook and Google have argued that an Australian court should dismiss a class action alleging they conspired to ban all crypto-related advertising because the class representative also runs the company funding the lawsuit.

02 February 2023

Australia seeks feedback on construction chemicals merger remedies

The Australian Competition and Consumer Commission has begun consulting on the local aspects of a global divestment package proposed by Sika as it seeks approval for its €5.1 billion acquisition of rival chemical admixture supplier MBCC.

20 January 2023

Consumer group urges ACCC to block banking deal

A leading consumer group has argued that Australia and New Zealand Banking Group’s proposed acquisition of smaller rival Suncorp Bank marks the “tipping point” in eliminating effective competition among the country’s banks.

16 January 2023

ACCC blocks Telstra/TPG infrastructure agreement

Australia’s competition authority has rejected a proposed 10-year infrastructure sharing deal between mobile network operators Telstra and TPG Telecom after finding it would likely harm coverage, network quality and innovation.

21 December 2022

ACCC blocks Telstra/TPG infrastructure agreement

Australia’s competition authority has rejected a proposed 10-year infrastructure sharing deal between mobile network operators Telstra and TPG Telecom after finding it would likely harm coverage, network quality and innovation.

21 December 2022

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